April 2010

U.S. gold futures fell modestly Thursday and pulled back from their 2010 highs as less safe-haven buying emerged and some profits were being taken. While gold had been climbing the last several days despite dollar strength, silver, platinum and palladium have been falling. On Thursday, the metals switched rolls. Silver was the biggest gainer in […]

Precious metals recovered from last week’s losses, with gold futures rallying in the U.S. as the dollar fell against the euro for the first time in seven days. Gold usually moves opposite to the greenback. Other metals followed the yellow metal, with the exception of platinum and palladium. While retreating Friday, the two registered weekly […]

Precious metals, oil and stocks plunged on Friday as Goldman Sachs Group Inc., a major commodities player, was charged by the SEC with fraud. Further eroding gold’s appeal was early profit-taking Friday and a stronger U.S. dollar, which attracted even more investment attention after the Goldman news broke. Gold typical moves opposite of the greenback […]

U.S. precious metals were mixed on Thursday, with a stronger dollar pressuring commodities lower. Despite that, gold climbed modestly as did silver, each rising 0.1%. Platinum and palladium, however, fell with respective losses of 0.5% and 0.4%. "Comex gold futures closed slightly higher and near the session high Thursday, after prices were under profit-taking selling […]

U.S. bullion prices rallied on Wednesday as gold was lifted by a weaker dollar, higher crude prices and an increasing volume of investment demand — that, despite a government report showing tamed U.S. inflation in March, which would normally be a bearish sign for the metal. Commodities were also spurred by greater economic confidence, with […]

Bullion prices surged for a second straight week. In U.S. futures, palladium was the biggest weekly gainer at 4.5%. Gold came in second at 3.2% and registered a high of $1165.80 an ounce — a price not seen since Dec. 8. It found strength with spurts of physical demand and at times overcame a firmer […]

U.S. gold fell slightly on Thursday, unable to bypass a stronger dollar as it did during the prior two days. By day’s end, the yellow metal lost a dime. Silver and platinum dropped a bit more, each registering declines of 0.4%. In New York precious metal prices,

U.S. gold on Wednesday pushed above $1150 an ounce to register a 2010 high. The yellow metal made its move higher in the face of a stronger greenback — again, and despite tumbling oil prices. Gold usually moves opposite to the dollar and along with the direction of crude. Its failure to do so was […]